Scorpio Tankers Inc. Q2 2025 Financial Results and Dividend Declaration

SEC Filing 6-K (0001483934-25-000042)

Scorpio Tankers Inc. reported its financial results for the second quarter of 2025, announcing a net income of $73.5 million, or $1.59 per basic share and $1.53 per diluted share. The company also declared a quarterly cash dividend of $0.40 per common share, payable on August 29, 2025, to shareholders of record as of August 13, 2025. The financial results reflect a decrease in net income compared to the same period in 2024, primarily due to lower Time Charter Equivalent (TCE) revenue, which decreased to $222.8 million from $373.5 million in Q2 2024. The company attributed this decline to normalized market conditions after a spike in freight rates in 2024. Additionally, Scorpio Tankers Inc. provided updates on its fleet operations, including the bareboat charter-out of the MR product tanker STI Bosphorus and the exercise of purchase options on three vessels. The company also highlighted its liquidity position, with $472.7 million in unrestricted cash and cash equivalents as of July 28, 2025.